932 Poplar St - Hospitality FOR SALE


South Lake Tahoe, CA 96150
$4,500,000 USD
530-545-0811
932 Poplar St, South Lake Tahoe, CA for Sale
$4,500,000 USD
Hospitality - FOR SALE
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932 Poplar St
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Incredible location close to casinos, beaches, ski area gondola, shopping.
  • Lots of parking. Attractive sitting area for guests.
  • Exterior rooms. Lots of attractive remodeled features.

OVERVIEW

One of the best hotel locations at South Lake Tahoe. Presently not being operated full time and has tremendous opportunity to increase revenue. Walk to casinos, skiing, shops, beaches, 24 hour entertainment, outdoor summer shows. Lake Tahoe is the premier vacation destination in Northern California nestled in the panoramic Sierra Nevada mountains.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$437 USD /SF

# OF ROOMS

30

PRICE/ROOM

$150,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tea Garden Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1963

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

21,000 SF

ZONING

TC

APN/PARCEL ID

029-052-001-000

ASK ABOUT THIS PROPERTY

Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

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Lloyd AronoffRe/Max Realty TodayMore Info
530-545-0811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.